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Investing involves risk. The value of an investment and the income from it may fall as well as rise and investors may not get back the full amount invested.

Please note that the products referred to on this website are only available to persons normally resident for tax purposes in the United Kingdom of Great Britain and Northern Ireland. Allianz Global Investors GmbH has taken reasonable care to ensure the accuracy of information available through the site. However, the information may be amended at any time by Allianz Global Investors GmbH without notice. As far as it is permitted under the Financial Services Act, Allianz Global Investors GmbH does not accept liability for any loss, direct or indirect owing to reliance on any information contained herein. Opinions expressed whether in general or both on the performance of individual funds and in a wider economic context represent the views of the contributor at the time of preparation. They are subject to change and should not be interpreted as investment advice which Allianz Global Investors GmbH is not authorised to give. If you are unsure of the suitability of any investment contained in this website, please contact a Financial Adviser. This site may provide links to third party websites over which Allianz Global Investors GmbH Ltd has no control. These links are provided for your convenience and Allianz Global Investors GmbH Ltd accepts no responsibility for the content of such websites. For your security we may record or randomly monitor all telephone calls.

Regulation and Status Disclosure

Allianz Global Investors represents products and services of Allianz Global Investors GmbH, www.allianzglobalinvestors.co.uk. Allianz Global Investors GmbH is an investment company with limited liability incorporated in Germany, with its registered office at Bockenheimer Landstrasse 42-44, D-60323 Frankfurt/M, registered with the local court Frankfurt/M under HRB 9340, authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de). Allianz Global Investors GmbH has established a branch in the United Kingdom - Allianz Global Investors GmbH, UK branch - which is subject to limited regulation by the Financial Conduct Authority (www.fca.org.uk).

Please note that the important information set out here does not exclude or restrict any duty or liability to customers of Allianz Global Investors GmbH under the Financial Services and Markets Act 2000 or under the Financial Conduct Authority Rules.

Investments

You should always bear in mind that:

Past performance is not a reliable indicator of future returns.

The value of investments and any income from them may go down as well as up. You may not get back all of your original investment. You should not make any assumptions about the future on the basis of this information.

Changes in rates of exchange may cause the value of investments and the income from them to go down or up.

In a building society your money is secure, whereas in a stock market-based investment it is exposed to a degree of risk and the value of your investment will fluctuate up and down.

Allianz Technology Trust PLC is a quoted company listed on the London Stock Exchange. Its share prices are determined by factors including demand which means that the shares may trade below (at a discount) or above (at a premium to) the underlying net asset value.

Competition among technology companies may result in aggressive pricing of their products and services, which may affect the profitability of the companies in which the Trust invests. In addition, because of the rapid pace of technological development, products or services developed by these companies may become rapidly obsolete or have relatively short product cycles. This may have the effect of making the Trust’s returns more volatile than the returns of a fund that does not invest in similarly related companies.

The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation and anyone who acts on it, or changes their opinion thereon, does so entirely at their own risk. The opinions expressed are based on information which we believe to be accurate and reliable, however, these opinions may change without notice.

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Advice

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Money Laundering

Any transaction involving client money will be covered by statutory and other requirements relating to money laundering including the Proceeds of Crime Act 2002, the Money Laundering Regulations, the Financial Conduct Authority rules and the Joint Money Laundering Steering Group Guidance Notes, as amended from time to time (jointly "the Money Laundering Requirements").

On his recent visit to London, Walter Price chatted to Jeff Prestridge of the Mail on Sunday about the recent market volatility, the latest portfolio changes and what he sees as the next chapter of the technology story..

Positive stock selections have led to great returns for investors prompting Jason Hollands of Tilney Bestinvest to state “it has delivered impressive returns. Up an incredible 275.8pc over the past five years, it would have turned £1,000 into £3,758 in that time.

Allianz Technology Trust has been included in Money Observer’s Rated Funds list for 2018. The list recognises open-ended funds and close-ended investment companies that have demonstrated consistent outperformance or that have been chosen as ideal routes into specific markets and sectors, reflecting the current investment environment.

An Introduction to the Trust

The award-winning Allianz Technology Trust PLC offers investors access to the fast moving world of technology with the reassurance that investment decisions are made by Walter Price who has more than 40 years of experience of investing in technology. He is co-head of the AllianzGI Global Technology Team which currently has $4bn in assets under management (as at 30.11.2016) and is based in San Francisco. The team benefits from its close proximity to Silicon Valley where many of the world’s key technology companies are headquartered.

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Share Price is the price of a single ordinary share, as determined by the stock market. The share price above is the mid-market price at market close.

Share Price

1205.0p

Net Asset Value (NAV) per Share is calculated as available shareholders’ funds divided by the number of shares in issue, with shareholders’ funds taken to be the net value of all the company’s assets after deducting liabilities. The NAV figure above is based on the fair/market value of the company’s long-term debt and preference shares (known as debt at market value). This allows for the valuation of long-term debt and preference shares at fair value or current market price, rather than at final repayment value (known as debt at par).

NAV per Share

1230.4p

Premium/Discount. Since investment company shares are traded on a stock market, the share price that you get may be higher or lower than the NAV. The difference is known as a premium or discount.

Premium/-Discount

-2.1%

Dividend Yield is calculated using the latest full year dividend divided by the current share price. Allianz Technology Trust does not currently pay a dividend.

Dividend Yield

0.0%

Data source DataStream and Allianz Global Investors as at 20.02.2018 based on market close mid price.

Walter Price considers the future for traditional retailers against the backdrop of e-commerce. He also considers the potential impact of the US Government’s recently passed tax bill as well as reviewing the progress of Apple and Samsung in the vast Chinese market.

The Trust has received a number of high profile and prestigious awards in recent years. These include the Investment Week Investment Company of the Year Award, Specialist category (2015 and 2017) and five consecutive Investors Chronicle ‘Top 100 Fund’ accolades. Some awards represent the views of industry experts while others are voted for by individual investors who buy stocks and shares. All are instrumental in raising awareness of the Trust and the investment potential of the technology sector as a whole.

A ranking, a rating or an award provides no indicator of future performance and is not constant over time.